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Basic Results

  • Antonio Villar
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 438)

Abstract

Loss-free is a family of pricing rules in which firms’ admissible profits are always nonnegative. The discussion of these pricing rules is carried out focusing on the case of private ownership market economies.

Keywords

Competitive Equilibrium Initial Endowment Price Rule Closed Convex Hull Feasible Allocation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1996

Authors and Affiliations

  • Antonio Villar
    • 1
  1. 1.Department of EconomicsUniversity of AlicanteAlicanteSpain

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